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What determines the price of a racing horse? (2013)_香港中文大学

香港中文大学 辅仁网/2017-07-06

What determines the price of a racing horse?
Publication in refereed journal


香港中文大学研究人员 ( 现职)
庄太量教授 (经济学系)
吴嘉豪教授 (经济学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/2WOS source URL

其它资讯

摘要This article uses the data of 10 auctions from the two largest Australian auction houses to study how a racing horse is priced. We ask whether bloodline is indeed a determining factor. We find that the track record of its parents and siblings are important factors in determining the price of a yearling. Moreover, more mature horses and those purchased by foreign buyers are generally more expensive. We also show that racing horses sold in the flagship auctions are associated with a significant premium.

着者Ng T, Chong TTL, Siu MT, Everard B
期刊名称APPLIED ECONOMICS
出版年份http://aims.cuhk.edu.hk/converis/portal/Publication/2013
月份1
日期1
卷号45
期次3
出版社ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
页次369 - 38http://aims.cuhk.edu.hk/converis/portal/Publication/2
国际标準期刊号0003-6846
语言英式英语

关键词auction; bloodline; hedonic pricing; horse-racing; thoroughbred yearlings
Web of Science 学科类别Business & Economics; Economics; ECONOMICS

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